Hurricane Katrina

Awareness of Economic Devastation

Hurricane Katrina

The actual cost of Hurricane Katrina's damage was between $96-$125 billion, with $40-$66 billion in insured losses. Half of these losses were a result of flooding in New Orleans. An estimated 300,000 homes were destroyed or otherwise made uninhabitable.

Basic Information of Hurricane Katrina

Category 5/ Category 3 at landfall

Up to 9 meters of rain in some places, 100-140 mph winds, took about 3-4 days to pass

Areas affected ( directly or indirectly ) : Alabama, Florida, Georgia, Louisiana, Mississippi.

1836 casualties

The most recent data, for 2012-13, showed that 4,203 more people moved into the state than out of it. At that rate, it will take Louisiana about 33 years to recover the migration loss due to Katrina.

Within four days of Katrina’s landfall on Monday, Aug. 29, 2005, then-President George W. Bush signed a $10.4 billion aid package and ordered 7,200 National Guard troops to the region.

Be aware!

After the disaster, nearly 200 bodies were left unclaimed. Over 700 people were unaccounted for. The storm killed or made homeless 600,000 pets.

More than 200,000 homes, mostly in New Orleans and the surrounding area, were destroyed by the hurricane, far surpassing any previous disaster. New Orleans lost 190,000 jobs and employment fell by more than 30 percent from August 2005 to December 2005. Statewide, Louisiana lost 214,000 jobs, or 12 percent of the state's total.

Seven years after Hurricane Katrina, New Orleans' homeless population is estimated at 4,900, nearly two and a half times bigger than before the levees failed. The majority of the homeless sleep in the 40,000 abandoned buildings that remain as a legacy of the storm.

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What should be done to help with the outcome?

We should build higher levees and place buildings and homes on higher ground. Also, build more homeless shelters because the homeless need a place to stay that is not overcrowded.